Economy

Ambassador says Brexit is high stakes for Japanese firms

Feb 8, 2018

Japan's ambassador to Britain said Thursday that Japanese businesses in the U.K. expect continued access to the European Union market after Brexit

UK ready to tighten money taps despite Brexit uncertainty

Feb 8, 2018

The Bank of England has turned more confident about Britain's near-term prospects and indicated it could raise interest rates in coming months _ even in the face of Brexit uncertainties

The Latest: Pound rises further on UK rates outlook

Feb 8, 2018

The pound has pushed above the $1.40 level as traders price in a growing likelihood of another interest rate increase in May from the Bank of England.

Bank of England keeps its key interest rate at 0.5 percent as UK economy faces Brexit uncertainties

Feb 8, 2018

Bank of England keeps its key interest rate at 0.5 percent as UK economy faces Brexit uncertainties

Bank of England likely to hint at further rate hike

Feb 8, 2018

The Bank of England is expected to keep interest rates on later Thursday but hint that another increase could be coming in the springtime

China January trade surges amid tension with Washington

Feb 8, 2018

China's export growth accelerated in January amid rising trade tension with Washington while imports surged as factories stocked up ahead of the Lunar New Year holiday

China's January exports rise 11.1 percent over a year ago; imports surge 36.9 percent, rebounding from weak December

Feb 8, 2018

China's January exports rise 11.1 percent over a year ago; imports surge 36.9 percent, rebounding from weak December

GSK cheers investors with asthma drug sales, big dividend

Feb 7, 2018

Drugmaker GlaxoSmithKline sank to a fourth-quarter loss of 546 million pounds ($758 million) from a profit of 257 million pounds a year earlier, as it dealt with U.S. tax changes.

Calm returns to global markets but Wall Street set to drop

Feb 7, 2018

It's certainly a lot calmer in financial markets on Wednesday. However, a sense of unease following the turmoil witnessed earlier this week remains paramount.

Business group: Patience wearing thin with UK govt on Brexit

Feb 7, 2018

A major British business group says the government must come up with a plan for post-Brexit trade relations with the European Union, or risk a hit to investment and jobs

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